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Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise

In contrast to asset-backed stablecoins like tether (USDT) and USDC, whose worth is secured towards {dollars} or dollar-equivalents similar to U.S. authorities debt,...

DeFi Project Ethena Labs’ ENA Token Starts Trading at 64 Cents

The USDe token, which is known as a “synthetic dollar,” presents yields to traders by pairing ether liquid staking tokens with brief ether...

Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding charges - which have surged up to now two weeks.

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